Скачать или смотреть CAIIB BRBL Questions Part 3 | Partnership Firms | MOA & AOA | Most Important MCQs

🔥 Prepare smart for CAIIB BRBL with Part 3 of our Most Important Questions series! 🚀 Covering Partnership Firms 🤝, MOA 📜, AOA 📑, and Doctrine of Ultra Vires ⚖️, this video brings you high-level MCQs + detailed explanations for exam success 🎯.

Key Highlights:
🛡️ 01:00 – Q27: Company limited by guarantee → Best for non-profits/charitable aims
⚖️ 03:33 – Q28: Arbitration by partner → Firm not bound; beyond implied authority
🏛️ 06:13 – Q29: MOA Capital Clause → Defines maximum authorised capital
📢 09:01 – Q30: Retiring partner → Public notice discharges liability for future acts
⚠️ 10:45 – Q31: Misstatement in prospectus → Civil + criminal liability on promoters
➗ 12:59 – Q32: Loss-sharing on dissolution → Equal unless agreed otherwise
✉️ 14:38 – Q33: Rights issue → Not a prospectus (offer to existing holders only)
🕒 16:13 – Q34: Fixed-term partnership expired → Becomes partnership at will
♾️ 17:54 – Q35: Perpetual succession → Company continues despite death of members
🧾 19:36 – Q36: Partner sells immovable property → Valid only if ratified by firm
💵 22:36 – Q37: Shareholder liability → Limited to unpaid share amount
🧑‍⚖️ 24:16 – Q38: Dissolution when only losses → Court-ordered dissolution possible
🧭 25:48 – Q39: MOA Objects Clause → Main (incl. ancillary) + Other objects
🚫 27:54 – Q40: Can HUF be partner? → No; a company can if AOA permits
🛑 29:37 – Q41: Breach of statutory right → Skipping pre-emptive offer on capital issue
📈 32:56 – Q42: Interest on partners’ capital → Payable only from profits
📅 34:55 – Q43: Register of Members closure → Max 30 days at once, 45 days/year

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